Joel Elconin - Market Volatility, Tariffs, and Earnings Season

2025-05-02

Joel Elconin, co-host of Pre-Market Prep, breaks down the rebound in U.S. and global markets, and whether the rally has real legs. Markets continue to recover, but is it a sustainable move or just another bear market bounce? In this Daily Editorial, Joel discusses: Why he sees a “Goldilocks” setup in play for short-term traders The self-inflicted damage from tariff uncertainty, and how a pause may be lifting markets What recent earnings, especially from Apple, Amazon, and Microsoft, reveal about investor expectations

Joel Elconin, co-host of Pre-Market Prep, breaks down the rebound in U.S. and global markets, and whether the rally has real legs.

Markets continue to recover, but is it a sustainable move or just another bear market bounce? In this Daily Editorial, Joel discusses:

Why he sees a “Goldilocks” setup in play for short-term traders
The self-inflicted damage from tariff uncertainty, and how a pause may be lifting markets
What recent earnings, especially from Apple, Amazon, and Microsoft, reveal about investor expectations
Why small caps and value plays still lag despite broader market strength
Key technical resistance levels for the S&P 500 futures and why international ETFs are catching his eye

Joel also shares why stable interest rates may be the most bullish backdrop, and what to watch as the 90-day tariff clock ticks down.

Click here to visit Joel’s PreMarket Prep website.

Click here to visit the Stock Trader Network.

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